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York
243 Eldridge Road
Listed by: Margaret Mitchell, Coldwell Banker Yorke Realty, Selling Office: A Non PrimeMLS Agency, Listing Courtesy of Prime MLS
$305,000
● House - Off Market

243 Eldridge Road

Wells, ME 04090
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,688 Ft²
$537,964
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Cute, cute, cute. Completely renovated year round bungalow, just  mile to the ocean. Replete with cottage charm and salt air scent. All new floors, kitchen, baths, roof, windows and siding. Master Bedroom has a skylight and private balcony. Kitchen offers cherry cabinets, stainless appliances, granite counters and opens to dining area with bamboo floors. Nice location, east of Rt. 1, close to Crescent and Moody Beaches.
Unit Size
1,688 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$187
Property Type
House
Property Taxes
$243
HOA Dues
-
Year Built
1950

Payment Calculator (Computations Provided by RealtyHop)

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Prime MLS #4424075)

Price History

Date / Event Date Event Price
Jun 6, 2016 Sold
Premium
Sold
May 21, 2015 Listed by Coldwell Banker Yorke Realty $315,000
Listed by Coldwell Banker Yorke Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 21
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,000
  • Total Building Area: 1,696
  • Gross Building Area: 3,198
  • Building Area: 1,696
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,696
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOWARD L RIDLEY
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • State Land Use Code: 101

Neighborhood

  • School District Name: York
  • School Tax School District: WELLS-OGUNQUIT
  • Census Tract: 034005

Zoning

  • Zoning: RA

Geography

  • Parcel: WLLS M:115 L:175
  • Lot: 175
  • Municipality: WELLS
  • Latitude: 43.289
  • Longitude: -70.5798

    Address

  • Full Address: 243 Eldridge Rd
  • Address - House Number: 243
  • Address - Street Name: Eldridge
  • Address - Suffix Type: Rd
  • State: ME
  • City Name: Wells
  • Carrier Code: R007
  • 4-Digit Zip Code: 4058
  • Zip Code: 04090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $492,300

    Appraisal Valuation

  • Standard Deviation: 0.222
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 69
  • Final Value: 654,874
  • High Value: 800,313
  • Low Value: 509,435

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $825,940
  • Assessed Land Value: $502,600
  • Assessed Improvements Value: $323,340

    Sales

  • Current Sale Recording Date: Jun 06, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 000000020692
  • Previous Sale Recording Date: Oct 22, 2007
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About York

Stats & Trends

Median Asking:

$622,400

Sale Price/ft²

$299

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2793 ft²

Average Home Age

39.8 years

Currently For Sale

83 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Prime

Listed by: Margaret Mitchell, Coldwell Banker Yorke Realty
Last Updated Date: 2016-06-01
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4424075
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 243 Eldridge Road built and last sold?
The property at 243 Eldridge Road was built in 1950 and last sold on Jan 1, 1970 for $305,000.
How much is this home worth?
The estimated value of the home located at 243 Eldridge Road is $0.
What are some comparable homes to 243 Eldridge Road?
There are currently no comparable homes to 243 Eldridge Road.
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